BORR Q4 2023 Earnings — Borr Drilling Limited Revenue & Financial Results | Market Cap Arena

BORRBorr Drilling Limited

$1B

Q4 2023 Earnings

Energy Oil & Gas Drilling

Income Statement

Revenue

$221M+48.5% YoY

Gross Profit

$190M86.0% margin

Operating Income

$81M36.6% margin

Net Income

$28M12.9% margin

EPS (Diluted)

$0.10

QoQ Revenue Growth

+15.2%

Cash Flow

Operating Cash Flow

-$82M

Free Cash Flow

-$120M

Stock-Based Comp.

$2M

Balance Sheet

Total Assets

$3.1B

Total Liabilities

$2.1B

Stockholders' Equity

$984M

Cash & Equivalents

$103M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$221M	$149M	+48.5%
Gross Profit	$190M	$120M	+57.8%
Operating Income	$81M	$30M	+173.6%
Net Income	$28M	-$21M	+233.3%